Saturday, May 08, 2021 8:48:03 AM
Depending on how it is set up, it might be different with HERB though; unlike a junior miner, which has to act on the one (or few) claims they have, HERB can just wait it out. If the claims aren't profitable today, they can just wait a few years (or decades...) until the mining cost of other mines (especially copper, but also gold and silver) increases (and hence also the prices for the metal) and the current non-profitable potential mines become profitable (the very long-time view of the chinese is one of their strengths after all).
I have some Contingent Value Rights Shares in PAM after the Tahoe-merger a few years back which will become worthless in 2029 if the mine is never realized, but the rights shares are currently tradable (with a discount to ordinare PAM-shares).
I have no idea whether there is value in "our" claims, and even if there is great potential it might lay many years ahead, but there are ways to unlock value here if that is the goal (which might not be the case - I'm still trying to wrap my head around the museum dividend shares)
Recent HERB News
- Form C-AR - Annual Report • Edgar (US Regulatory) • 02/26/2024 01:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 08:51:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:00:08 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM